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IOC cashes in on Beijing
Profit in 2008 is up nearly 70 percent from 4 years earlier By TRIPP MICKLE Staff writer The International Olympic Committee’s gamble to award the 2008 Summer Olympics to Beijing paid off with a $383.3 million profit for the organization, according to tax documents filed June 30. The IOC showed ...
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The Olympics Get Cash For Gold [Money Money Money]
Deadspin — ... Thanks to the rousing success of Beijing, the International Olympic Committee turned a $383 million profit in 2008. (Their current net worth is $1.15 billion.) Yay, amateurs! [Sports Business Journal] ...

A Crazy Monday Linkfest
Fang's Bites — ... the HBO Ted Williams documentary. And I call shenanigans on the Chris Russo/Mad Dog Channel tirade from last week. Ok, to your links. Good on Friend of Fang's Bites Richard Deitsch for breaking the story on President Obama joining Joe Buck and Tim McCarver during tomorrow's All-Star Game broadcast on Fox. A couple of sports business stories from the Sports Business Journal. Tripp Mickle says the International Olympic Committee made plenty of money on the 2008 Summer Games in Communist China. Tripp writes that NHL ...

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